Compounded Rate Loan definition

Compounded Rate Loan means the Loan, part of the Loan or, if applicable, Unpaid Sum which is not a Term SOFR Loan.

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Compounded Rate Loan means any Loan or, if applicable, Unpaid Sum which is not a Term Rate Loan.

Compounded Rate Loan means any Drawing granted under a Facility or, where applicable, any overdue amount in relation to a Facility, in each case, in a Compounded Rate Currency and for which interest is to be calculated using the Reference Rate Terms.

Examples of Compounded Rate Loan in a sentence

• If any day during an Interest Period for a Compounded Rate Loan is not an RFR Banking Day, the rate of interest on that Compounded Rate Loan for that day will be the rate applicable to the immediately preceding RFR Banking Day.

• The percentage rate per annum which is the Cumulative Compounded RFR Rate for the Interest Period of the relevant Compounded Rate Loan.

• If more than 2 prepayments are made in respect of the Loan (where it is a Compounded Rate Loan) during any 12 Months’ period and not falling on the last day of an Interest Period, the Borrower shall pay to the Lender a prepayment fee in the amount of USD 5,000 in respect of each such additional prepayment (not occurring on the last day of an Interest Period) upon demand from the Lender.

• Deadline for Lender to report their cost of funds in accordance with Clause 8D.3 (Cost of funds) Close of business on the date falling three (3) Business Days after the Reporting Day for a Compounded Rate Loan (or, if earlier, on the date falling two (2) Business Days before the date on which interest is due to be paid in respect of the Interest Period for that Compounded Rate Loan).

• Deadline for Lender to report market disruption in accordance with Clause 8D.2 (Market disruption) Close of business in Copenhagen on the Reporting Day for a Compounded Rate Loan.

More Definitions of Compounded Rate Loan

Compounded Rate Loan means the Loan or, if applicable, Unpaid Sum if it is or has become a “Compounded Rate Loan” and which accrues interest at the rate based on the Compounded Reference Rate (as further set out in Clause 8B (Interest – Compounded Rate Loan)) as a consequence of being, or becoming a “Compounded Rate Loan” pursuant to Clause 8A (Rate Switch).

Compounded Rate Loan means the Loan, or, if applicable, Unpaid Sum which is, or becomes, a Compounded Rate Loan pursuant to Paragraph 1.3 (

Compounded Rate Loan means, in relation to a Compounded Rate Currency, any Loan or, if applicable, Unpaid Sum which is denominated in that Compounded Rate Currency.

Compounded Rate Loan means any Loan or, if applicable, Unpaid Sum in GBP or any other Compounded Rate Currency which is, or becomes a “Compounded Rate Loan” pursuant to Clause 14 (Interest) or Clause 16.1A (Unavailability of Term SOFR).

Compounded Rate Loan means any Loan or, if applicable, Unpaid Sum which is, or becomes, a “Compounded Rate Loan” pursuant to Clause 9A (Rate Switch).

Compounded Rate Loan means any Interim Loan, or, if applicable Unpaid Sum which is denominated in a Compounded Rate Currency which is, or becomes, a “Compounded Rate Loan” pursuant to Clause 8.5 (Change of Reference Rate)

Compounded Rate Loan means any Interim Loan or, if applicable, Unpaid Sum.